Senior Executive – Compensation

18 hours ago

New Delhi, India Ascendion Full time

Job Title: Senior Executive – Compensation & Benefits Reporting To: Compensation and Benefits ManagerJob Purpose The Senior Executive – Compensation & Benefits will play a key role in managing and executing compensation, benefits, and reward programs. The role requires a strong understanding of compensation structures, market benchmarking, pay grids, merit cycles, and policy governance. The incumbent will independently handle day-to-day activities and provide subject matter expertise, ensuring accurate, timely, and compliant delivery of compensation processes. - Key Responsibilities · Compensation Management o Manage compensation structures including salary grids, pay ranges, pay parity and internal alignment. o Support annual and mid-year salary review cycles, including merit, promotions, bonus and adjustments. o Prepare compensation analytics and insights for decision-making. o Ensure internal equity and external competitiveness in compensation.· Policy & Compliance o Ensure compliance with internal policies and statutory requirements. o Support the design, documentation, and communication of C&B policies. o Maintain accurate employee data in Oracle and ensure seamless updates. --- Key Skills & Competencies · Strong knowledge of compensation structures, grading, salary bands, and job evaluation. · Hands-on experience with merit/increment cycles, promotion policies, and retention adjustments. · Analytical skills with advanced Excel; working knowledge of HR systems (Oracle preferred). · Strong stakeholder management and ability to provide independent recommendations. · Detail-oriented, structured, and able to handle confidential data. · Great communication skills. --- Qualifications & Experience · MBA/PGDM in HR. · 4–6 years of experience in Compensation & Benefits with proven expertise in increments, salary grids, and benchmarking. · Experience in managing HRIS and compensation modules preferred. · Exposure to AON/Mercer/Willis Towers Watson surveys will be an added advantage.

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